CHANNEL BY TOPICS

QUICK LINKS

FXI Awarded 2012 Red Herring Top 100 Global Private Company

TRONDHEIM, Norway --(Business Wire)--

FXI
Technologies, pioneer of the Cstick™ any screen microcomputer,
announced it has been awarded a 2012 Red Herring (News - Alert) Top 100 Global award
for the leading private companies from North America, Europe, and Asia,
recognized for startup innovations and technologies across their
respective industries.

Red Herring's Top 100 Global list has become a mark of distinction for
identifying promising new companies and entrepreneurs. Red Herring
editors were among the first to recognize that companies such as
Facebook, Twitter, Google, Yahoo, Skype (News - Alert), Salesforce.com, YouTube, and
eBay would change the way we live and work.

"Choosing the companies with the strongest potential was by no means a
small feat," said Alex Vieux,publisher and CEO of Red Herring. "After
rigorous contemplation and discussion, we narrowed our list down from
hundreds of candidates from across Global to the Top 100 Winners. We
believe FXI embodies the vision, drive and innovation that define a
successful entrepreneurial venture."

Red Herring's editorial staff evaluated the companies on both
quantitative and qualitative criteria, such as financial performance,
technology innovation, management quality, strategy, and market
penetration. This assessment of potential is complemented by a review of
the track record and standing of startups relative to their peers,
allowing Red Herring to see past the "buzz" and make the list a valuable
instrument of discovery and advocacy for the most promising new business
models from around the world.

"This award comes at a time when global developers are testing Cotton
Candy for a variety of consumer entertainment and enterprise business
applications," said Borgar Ljosland, CEO and founder of FXI. "In our
eyes, those developers represent the true winners, as they are the ones
who will innovate on top of our any screen microcomputer platform and
deliver it to consumers worldwide."

About FXI

FXI Technologies www.fxitech.com
is a Norway-based hardware and software platform company dedicated to
providing a consistent, personal and secure computing experience across
the world of digital screens.

FXI Technologies and Cotton Candy are trademarks or registered
trademarks of FXI Technologies.All other trademarks or trade
names are the property of their respective owners.